SKANA Reports Financial Results for the Quarter Ended June 30,2009

VANCOUVER, BRITISH COLUMBIA, Aug 27 (MARKET WIRE) --
SKANA Capital Corp. (TSX VENTURE: SKN). SKANA Capital Corp. ("SKANA")
announces release of its unaudited interim consolidated financial
statements for the three-month period ended June 30, 2009. For the
quarter ended June 30, 2009, SKANA had a consolidated loss of $299,060
($0.01 basic and diluted loss per common share) compared to consolidated
income of $1,271,633 ($0.02 basic and diluted earnings per common share)
for the comparative year in 2008.

As at June 30,2009, SKANA had cash and cash equivalents of $11,068,486
and carried its marketable securities at fair value of $4,453,145. SKANA
maintains all of its cash and cash equivalents with Schedule A banks.

SKANA's unaudited interim consolidated financial statements and
management discussion and analysis ("MD&A") for the quarter ended June
30,2009 have been filed on SEDAR and are available for download at
www.sedar.com.

About SKANA Capital Corp.

SKANA is listed on the TSX Venture Exchange as an Investment Issuer and
carries on business as a merchant bank. It makes strategic investments in
resource-based and other opportunities that it believes have significant
potential for appreciation through its financial involvement and
guidance.

Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in thepolicies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.

Contacts:
SKANA Capital Corp.
Greg Clarkes
Chairman
(604) 669-4899

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